Extras on Excise: Marijuana Legalization—Coming to a State Near You?

Marijuana legalization has spread across the country this year, as Colorado and Washington began the retail sale of marijuana for recreational use, three states enacted medical marijuana program legislation and 11 states enacted laws permitting the limited medical use of a marijuana extract.

Newly enacted taxes on marijuana have generated additional revenues for states looking to fill budget shortfalls and provide funding for state programs. But legalization is not all high times. Along with legalization comes the struggle against conflicting federal law that has kept legal marijuana business “cash-only.”

Currently, more than half of the states in the U.S. have legalized marijuana in some form. Colorado and Washington have legalized the retail sale of marijuana for recreational use. Maryland, Minnesota and New York legalized the use of medical marijuana this year, bringing the total number of jurisdictions with a comprehensive medical marijuana program up to 24. [Read More]

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected].

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